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  2. Groww, a Bangalore-based startup, said today it has raised $21.4 million in a Series B financing round that was led by U.S.-based VC firm Ribbit Capital. Existing investors Sequoia India and Y ...

  3. Groww, an investment app for millennials in India, raises ...

    techcrunch.com/2020/09/09/groww-an-investment...

    The new round brings three-year-old startup Groww’s total raise-to-date to $59 million. Groww allows users to invest in mutual funds, including systematic investment planning (SIP) and equity ...

  4. Mutual funds in India - Wikipedia

    en.wikipedia.org/wiki/Mutual_funds_in_India

    Mutual fund statistics. The total Assets Under Management (AUM) of the Indian mutual fund industry as of December 31, 2023, stood at a staggering ₹ 50.78 trillion (US$610 billion). This is a significant milestone, marking over a six-fold increase compared to the ₹ 8.26 trillion (US$99 billion) recorded in December 2013.

  5. Mutual Fund Fees and Expenses: A Beginners’ Guide - AOL

    www.aol.com/finance/mutual-fund-fees-expenses...

    Mutual fund fees are computed by multiplying the sales charge by your invested assets. For sales charges, the computation is (sales charge percentage x assets invested). For example, if you invest ...

  6. How to trade mutual funds - AOL

    www.aol.com/finance/trade-mutual-funds-215009347...

    Mutual funds only trade once a day, after the market closes at the fund’s NAV. So, you won’t be trading in and out of mutual funds the way you might be with stocks or ETFs. Keep in mind that ...

  7. India’s Groww valued at $3 billion in $251 million funding

    techcrunch.com/2021/10/24/india-groww-valued-at...

    Groww, which has now raised over $390 million to date, was valued at $250 million in September last year and $1 billion in April this year. TechCrunch reported last month that Groww was in talks ...

  8. What Is the Average Mutual Fund Return? - AOL

    www.aol.com/finance/average-mutual-fund-return...

    A mutual fund is a portfolio of assets overseen by professional money managers. Mutual funds act as a vehicle for people to get exposure to capital markets and, ideally, to earn a return on the ...

  9. Mutual fund - Wikipedia

    en.wikipedia.org/wiki/Mutual_fund

    A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK.

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